Commerce Minister Arun Jaitley will visit the United States from June 8 to June 13 in order to promote Indo-US trade and economic relations.
I believe that UP has been doing this consistently -- of grossly under-reporting the Covid-positive cases. Nothing else explains the glaring differences in UP's positivity rates versus other badly affected states, says Omkar Goswami.
How did Mumbai tightly control the case-spread deaths while Delhi so obviously did not? And what do the answers imply regarding preparedness for the third wave, asks Omkar Goswami.
While the finance minister had a great opportunity to come out with flying colours while presenting this last Budget of his government, he didn't, says Omkar Goswami.
This finance minister has come of age. That's not condescension. It is a praise, says Omkar Goswami.
'How do we ensure that the unlocking, which is desperately needed for earning income and livelihood, will not create ugly spikes in the infection rates?' 'And if it does, what then?'asks Omkar Goswami.
'Let us hope that this Budget delivers.' 'It needs 10 per cent plus real GDP growth in 2021-22, the rebound year,' notes Omkar Goswami.
Rajan's exit will neither affect the RBI's de facto independence nor its working.
'Trust your new governor,' Omkar Goswami advises RBI Deputy Governor Viral Acharya. 'Just because he is from the IAS and doesn't carry a PhD from a US university does not make him unsuitable for the task.' 'If anything, Das will pour oil on troubled waters, and save the RBI's reputation.'
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
Economists have asked Finance Minister Arun Jaitley to lower interest rate, rationalise subsidies, remove all cess and surcharge, do away with the retrospective tax amendments and scrap dividend distribution tax to revive investment cycle and promote growth.
Can Jaitley's team hope to garner 17% more on personal income tax?
Amartyada, says Omkar Goswami, thank you for being the humane, caring and socially concerned economist that you are.
Indian shooters ruled the roost for the fourth successive day as they made a clean sweep of all the six gold medals on offer in the 12th South Asian Games, in Guwahati, on Saturday.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
'...it didn't make sense to me.' 'If the character was not adding (to the story), I wasn't interested.' 'The reason why I chose to act is because of the way it makes me feel when I'm acting, not for the fame and money.'
All evidence suggests that the US Federal Reserve will raise interest rates soon.
What China's market crash means for India
Mrinal Datta Chaudhuri, MDC to his students, was beyond compare -- the stuff of tales and legends at the Delhi School of Economics. He was also a good intuitive economist.
Feeling the heat and tension of the crisis? Fikar not!
Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.
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